JCP: Covering TRADE

08/03/11 10:53AM EDT

Keith covered his JCP TRADE in the Hedgeye Virtual Portfolio for a nice gain with the stock breaching his immediate-term oversold level of $30.06 this morning. As outlined yesterday on our JCP conference call and in our black book, we remain uber bears on the fundamental story. Keith will be back on this one.

JCP: Covering TRADE - JCP VP 8 3 11

 

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